Former CVS-Thompson Rd.

For Sale

505 E. Thompson Rd., Indianapolis, IN 46227

This Indianapolis property for sale is located at 505 E. Thompson Rd.. The current listed sale price for Former CVS-Thompson Rd. is $2,100,000. Former CVS-Thompson Rd. is situated on a lot that is 1.14 acre in size.

Contacts

Matt Ferguson

Premier Commercial Real Estate Services | TCN Worldwide

Property Details

  • Property Type Retail - Freestanding
  • Property Size 10,125 SF
  • Lot Size 1.14 Acre
  • Year Built 1999
  • Date Updated May 6, 2026
Discover the vibrant surroundings of this property on the south side of Indianapolis, IN. Situated on the SW corner of Thompson Rd. & East St./US31S. Located in a dynamic area filled with a variety of amenities, tenants will enjoy easy access to popular dining options, retail centers, & recreational attractions. Within close proximity, locals & visitors can explore the beautiful Garfield Park. Multiple interstates & city thoroughfares (I-465, I-65, I-69, & US31S) are nearby.Perfect for retail investors, this impressive 10,125 SF free-standing building, constructed in 1999, offers a prime opportunity in the thriving Indianapolis area. Zoned ZO01, the property is ideal for a wide range of retail uses or adaptive redevelopments. Boasting ample space and a strategic location, this investment opportunity promises high visibility and accessibility. With its modern construction and desirable zoning, this property presents an exceptional chance to make an impact in the dynamic Indianapolis retail market.Previously occupied by a renowned retail brand, this stand-alone building offers a versatile & spacious interior, ideal for a wide range of retail uses. The property features a prominent facade, ample parking space, & high visibility, ensuring maximum business exposure. With a well-designed layout, flexible floor space, & potential for customization, tenants have the opportunity to create a dynamic retail environment tailored to their unique vision. Embrace the opportunity to lease this former CVS building & establish a thriving retail presence in a prime location.
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Highlights

  • Former CVS stand-alone retail building for sale
  • High visibility & prominent facade
  • Potential for creative retail environment
  • Proven retail history in established area
  • Pylon signage available, as well as a drive-thru
  • Spacious interior with versatile layout

Attachments

Getting around

  • 57/100

    Walk Score ®

  • 26/100

    Transit Score ®

  • 49/100

    Bike Score ®

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Location

  • City Indianapolis, IN
  • Neighborhood West Edgewood
  • Zip Code 46227
  • Market Indianapolis

Points of Interest

  • Speedway

    0.84 miles

  • GetGo

    1.02 miles

  • BP

    1.83 miles

  • Shell

    2.02 miles

  • Pilot

    2.04 miles

  • Electrify America

    3.45 miles

  • Tesla Supercharger

    3.70 miles

  • ChargePoint

    4.67 miles

  • Tesla Destination Charger

    6.63 miles

  • Visitor

    1.33 miles

  • Knight's Inn Check-In Parking

    2.12 miles

  • Large Vehicle Parking Lot

    2.14 miles

  • Truck Parking

    2.15 miles

  • ADA Parking

    2.19 miles

  • Lot C

    4.48 miles

  • LaRosa South

    4.51 miles

  • Lot 43 South

    4.55 miles

  • Lot 48

    4.60 miles

  • Lot 98

    4.61 miles

  • Wendy's

    0.22 miles

  • McDonald's

    0.28 miles

  • Tandoori Flame

    0.66 miles

  • Qdoba

    0.83 miles

  • KFC

    1.05 miles

  • Arby's

    1.21 miles

  • Books and Brews

    1.27 miles

  • Domino's

    1.76 miles

  • Burger King

    1.97 miles

  • Indian and American Restaurant

    2.01 miles

  • Aithawng Asia Grocery

    0.73 miles

  • 21 Asian Grocery

    0.80 miles

  • Big Lots

    0.84 miles

  • Kroger

    0.89 miles

  • Walmart Neighborhood Market

    1.99 miles

  • ALDI

    2.09 miles

  • Ram Tha Asian Grocery

    2.28 miles

  • Walmart Supercenter

    2.29 miles

  • Lemro Asian Grocery Store

    2.29 miles

  • Ti Ti Asian Grocery

    2.45 miles

Contact Listing Broker
Matt Ferguson

Premier Commercial Real Estate Services | TCN Worldwide

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